Business
– The UAE recorded $63.353 billion in outward foreign direct investment during 2025, according to UN Trade and Development. The country’s total outward FDI stock reached $402.729 billion at the end of the year. That figure stood at $55.560 billion
– Pakistan raised petrol prices again on October 6, extending an increase announced three days earlier. Petrol climbed by Rs0.88 to Rs393.64 per litre under the latest fuel revision. High-speed diesel fell by Rs1.88 to Rs397.76 per litre. The move
– Oil prices traded near $102 a barrel on Monday after an early jump pushed Brent above $103. Brent crude futures stood at $102.30 a barrel at 0900 GMT, up 5 cents. U.S. West Texas Intermediate crude traded at $90.62,
– Renault Group plans to invest more than €10 billion in France over the next five years. Chief Executive François Provost announced the commitment on October 3. The spending will support electric vehicles and lower-cost models. Renault made about 500,000
– Dubai-based airline flydubai is participating in the inaugural Syria Travel Show taking place in Damascus from 28th to 30th September 2026. The three-day exhibition, held under the patronage of the Syrian Ministry of Tourism, brings together regional aviation executives,
– The European Commission has proposed a new EU Critical Communication System to connect first responders across European borders. The plan would link national networks used by police, firefighters, emergency medical services and civil protection teams. It covers all EU
MENA Newswire News Desk: The personal luxury goods market, long seen as resilient against economic uncertainty, is witnessing a significant contraction for the first time since the Great Recession. According to Bain & Company’s annual luxury report, global sales are
